Betaworks

Summary

Betaworks appeared to be the Corporate Investor, which was created in 2008. The company was established in North America in United States. The leading representative office of defined Corporate Investor is situated in the New York.

The usual cause for the fund is to invest in rounds with 6-7 partakers. Despite the Betaworks, startups are often financed by Y Combinator, Techstars, Lerer Hippeau. The meaningful sponsors for the fund in investment in the same round are Thrive Capital, Index Ventures, Slow Ventures. In the next rounds fund is usually obtained by Lerer Hippeau, Tuesday Capital, Index Ventures.

Considering the real fund results, this Corporate Investor is 8 percentage points less often commits exit comparing to other organizations. The top activity for fund was in 2010. Despite it in 2019 the fund had an activity. The usual things for fund are deals in the range of 1 - 5 millions dollars. The fund is constantly included in 13-24 investment rounds annually. The typical startup value when the investment from Betaworks is 50-100 millions dollars. This Betaworks works on 2 percentage points more the average amount of lead investments comparing to the other organizations. The top amount of exits for fund were in 2014.

Besides, a startup needs to be aged 2-3 years to get the investment from the fund. For fund there is a match between the location of its establishment and the land of its numerous investments - United States. Among the most popular portfolio startups of the fund, we may highlight IFTTT, Lotame, Yieldbot. Among the most successful fund investment fields, there are Mobile, E-Commerce. The fund has no exact preference in some founders of portfolio startups. When startup sums 4 of the founder, the probability for it to get the investment is little.

The fund was created by Billy Chasen, John Borthwick. The overall number of key employees were 5.